Plan Ledger DOL Form 5500 · updated monthly

Hexagon USA Holdings, Inc.401(k)

HEXAGON 401(K) PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.12%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Hexagon USA Holdings, Inc. reported $69,601 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,018 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.17% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 105th-largest of 565 plans among Nebraska employers on file, and the 2,648th of 13,661 in manufacturing. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,754,907
Participants with balances954
Active participants791
Employer contributions$3,178,007
Employee contributions$4,542,170
Employer contribution per active participant$4,018
Average account balance$66,829
Benefits paid to participants$5,185,244
Plan auditUnmodified (clean) audit opinion
AuditorBMG CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$63.8M · 954 accts · $3.2M emplr
2023$52.8M · 947 accts · $2.8M emplr
2022$45.9M · 1,051 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,814
Investment management$35,787
Total administrative$69,601
The Hexagon USA Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,018
Median for plans this size$3,635
2024$4,018 per active participant
2023$3,766 per active participant
2022$3,430 per active participant

Hexagon USA Holdings, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CAPFINANCIAL PARTNERS, LLC · Recordkeeping · Trustee$35,787
ADP, INC. · Loan processing · Recordkeeping$33,813
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, CAPFINANCIAL PARTNERS, LLC
2023ADP, CAPFINANCIAL PARTNERS, LLC

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Administrative cost history3
2024$69,601 · 0.12%
2023$69,078 · 0.14%
2022$84,720 · 0.17%
Same employer
Similar plansManufacturing · Nebraska
Li-Cor, Inc. NE$71.9M · 0.11%
Streck LLC NE$71.4M · 0.22%
Drake-Williams Steel, Inc. NE$66.4M · 0.00%
Claas of America Inc. NE$52.9M · 0.19%
Hughes Brothers, Inc. NE$48.4M · 0.08%
Timpte Industries Inc NE$47.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813982430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.